Quality Investing: Companies That Thrive in the Long Term w/ Christian Billinger (TIP582)

Video Description

💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ 🪙 Make investing in precious metals easy with Noble Gold Investments. Receive a FREE 5-ounce solid silver America The Beautiful bullion coin with any qualifying precious metals IRA. https://billionairesgold.com Clay is joined by Christian Billinger to discuss his quality investing philosophy. Christian is chairman of Billinger Förvaltnings AB, which invests in publicly listed equities. The firm seeks to generate attractive long-term total returns in real terms without employing financial leverage. Christian previously covered European equities for Cheyne Capital, Gartmore, and GAM in London. ▶️ RELATED EPISODES: - How To Succeed In Business, Investing, & Life w/ Tom Gayner: https://youtu.be/TUG0xxdL0O8 - Investing in Quality Businesses & the Art of Lifelong Learning w/ Gautam Baid: https://youtu.be/_9l5XTZY5b0 - The Quest for Quality w/ Chris Begg: https://youtu.be/gggd4dohwkM - Investing for Growth & Lessons from Terry Smith: The Warren Buffett of Britain: https://youtu.be/rc9EiTNlEmo IN THIS EPISODE, YOU’LL LEARN: 0:00:00 - Intro 0:00:28 - What quality investing is and why it works. 0:04:04 - How Christian assesses the reinvestment rate for a business and a company’s runway. 0:11:19 - Why soul in the game is more important than skin in the game. 0:14:55 - Qualities to look for to find operating managers with soul in the game. 0:17:17 - Why Christian prefers investing in family-owned public equities. 0:19:47 - Why he highly prioritizes removing the risk of losing money. 0:21:16 - What differentiates Christian’s current holdings from companies on his watchlist. 0:31:31 - What Christian learned from working with institutional investors. 0:37:30 - Why Tom Gayner is an investor and business manager worth studying. 0:41:37 - What stands out to Christian about Markel. 0:49:26 - How the investment outlook between Berkshire and Markel differ. 0:51:56 - Why Christian’s fund is heavily invested in the spirits industry, and what has led to the recent underperformance in 2023. 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/episodes/quality-defensive-investing-w-christian-billinger/ 💡 OTHER RESOURCES - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙  On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/  📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! https://www.theinvestorspodcast.com/survey2023-youtube ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.